Visa and Baanx Roll Out USDC-Powered Stablecoin Payment Cards in U.S.

Cryptocurrency debit card provider Baanx has teamed up with Visa to launch stablecoin payment cards connected to self-custodial wallets, initially debuting in the U.S. using Circle’s USDC. These cards allow users to spend USDC directly from their crypto wallets, utilizing smart contracts to instantly transfer stablecoin balances to Baanx for conversion into fiat currency.

This partnership highlights the increasing convergence of traditional finance and decentralized assets, with Visa and Mastercard acting as key bridges between on-chain liquidity and everyday transactions. Baanx, which also collaborates with Mastercard on MetaMask-linked cards, is positioning itself as a leader in this evolving space.

Stablecoin payments are gaining traction, as demonstrated by Circle’s expanding ecosystem. This development reflects growing institutional acceptance of dollar-pegged tokens as practical settlement solutions.